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Banks, credit unions spar over small business lending

Congress considers bill aimed at boosting the economy, but long-time rivals have opposite views on market demand and other issues Are banks and credit unions meeting the demand for small business loans? The answer may depend on which financial industry group you ask. Association members testify on lending. From left, Sal Marranca, president and CEO, Cattaraugus County Bank, for Independent Community Bankers of America; Albert Kelly, president and CEO, SpiritBank, for American Bankers Association; Gary Grinnell, president and CEO, Corning Federal Credit Union, for National Association of Federal Credit Unions; Mike Hanson, President and CEO, Massachusetts Credit… Read More